Summary
MARGATES has been active since 2001 and the Belgian State Gazette contains no insolvency or warning signals. The 2019 annual accounts show equity of €29.5m and a net result of €18.0m. The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
No current score
Figures too old
The available figures for FY 2019 are too old to assess current financial health.
Filing: Five or more filing cycles are missing. This points to a standstill, not an imminent failure.
Axes, FY 2019
Profitability100
Solvency100
Growth-
Track record85
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit check for your own amount and term
Open the credit simulator : see how the verdict changes with amount, term and advance.
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2019Solvency, return and age of the figures
Solvency
95.2%
Return on assets
58.1%
Age of the figures
90 mo
neutral · No filing for years
The last filed financial year closed on 31-03-2019. Since then, 6 financial years are missing. This points to a standstill, not an imminent failure.
NBB · 10 filingsPosition against the passed deadline
31-03-2020 close31-10-2020 deadline26-09-2026 today
neutral · Latest accounts filed on time
The financial year that closed on 31-03-2019 was due by 31-10-2019 and was filed on 09-09-2019, 52 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not filed
2024
not filed
2023
not filed
2022
not filed
2021
not filed
2020
not filed
2019
52 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its 2019 accounts 52 days before the deadline; the sector median for financial year 2024 is 6 days before the deadline, and 36% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit simulator What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file How does this company compare with its sector?Sector benchmark Roughly what is this company worth?Value indication What held for this company on a given day: board, seat, name?Company as of a date
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2019, abbreviated schema
Equity
€29.5m
Total assets
€31.0m
Net result
€18.0m
Working capital
€12.3m
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Balance-sheet composition
Assets €31.0m
Fixed assets
€18.6m
Current assets
€12.4m
Equity and liabilities €31.0m
Equity
€29.5m
Debt
€1.5m
Debt finances 4.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€448,841
Cash flow
€19.0m
Debt to equity
0.05
ROE
61.0%
ROA
58.1%
Debt ≤ 1 year
€39,838
Debt > 1 year
€1.4m
Income taxes
€278
A ratio outside any meaningful range has been withheld (balance sheet total €31.0m, equity €29.5m).
Annual accounts
| Line | 2019 |
|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €1.0m |
| Gross operating margin9900 | €453,242 |
| Operating profit (loss)9901 | -€586,867 |
| Recurring financial income75 | €18.6m |
| Recurring financial charges65 | €28,965 |
| Profit (loss) for the period before taxes9903 | €18.0m |
| Income taxes67/77 | €278 |
| Profit (loss) for the period9904 | €18.0m |
| Profit (loss) for the period to be appropriated9905 | €18.0m |
| Line | 2019 | |
|---|---|---|
| Assets | ||
| Total assets20/58 | €31.0m | |
| Fixed assets21/28 | €18.6m | |
| Tangible fixed assets22/27 | €9.1m | |
| Financial fixed assets28 | €9.5m | |
| Current assets29/58 | €12.4m | |
| Amounts receivable within one year40/41 | €33,190 | |
| Cash at bank and in hand54/58 | €12.3m | |
| Equity and liabilities | ||
| Total equity and liabilities10/49 | €31.0m | |
| Equity10/15 | €29.5m | |
| Contributions10/11 | €6,200 | |
| Reserves13 | €29.5m | |
| Profit (loss) carried forward14 | €481 | |
| Amounts payable17/49 | €1.5m | |
| Amounts payable after more than one year17 | €1.4m | |
| Amounts payable within one year42/48 | €39,838 | |
| Trade debts44 | €706 | |
| Line | 2019 |
|---|---|
| Profit (loss) for the period9904 | €18.0m |
| + Depreciation and write-downs630 | €1.0m |
| Operating cash flow (approximation) | €19.0m |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2019
09-09
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
03-09
State Gazette act
General meeting · Capital increase
Capital · Share issue
2018
11-09
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2017
22-05
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
18-01
State Gazette act
Incorporation · Founding capital
Corporate purpose · Director appointment
12-01
State Gazette act
General meeting · Director appointment
Permanent representative · Director resignation
2016
29-09
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2015
22-09
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
02-04
State Gazette act
Incorporation · Founder
Founding capital · Bank account
02-04
State Gazette act
Incorporation · Founder
Founding capital · Bank account
2014
29-09
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2013
05-09
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
Show earlier events
2012
11-09
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
28-03
State Gazette act
General meeting · Statutes amendment
Director resignation · Director appointment · Dirk Vanhaesebrouck
2011
30-09
NBB filing
Annual accounts filed
fiscal year 2011 · abbreviated schema
2010
30-09
NBB filing
Annual accounts filed
fiscal year 2010 · abbreviated schema
State Gazette actNBB filing
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Sint-Martens-Latem · 1 establishment unit since 2001
Ground area
3,402 m²
Building footprint
282 m²
Volume, LiDAR
1,891 m³
Parcel 44064A0161/00Y000, Flanders · tallest building 11.7 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
Zuylenveld 12, 9830 Sint-Martens-Latem
since 20012.101.311.592
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 44064A0161/00Y000 | Flanders | 3,402 m² | 1 · 282 m² | 11.7 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Structure & network
Connections & network
The group is listed under Ownership & control below; here you explore it as a network.
This company
Company
Director
Shareholding
+N: links not shown yet
Click a node to look further, drag to arrange, scroll to zoom.
Ownership & control
4 board mandatesBoard mandates of this companythis company sits on their board4
Recognitions · licences · registrations
Legal Entity Identifier
875500V8VUZVW74A6659
Similar companies · same sector, comparable size
7c Solarparken
BE 0806.903.309
Mechelen · Eq €29.2m
HSI
BE 0536.618.054
Ukkel · Eq €28.9m
CTM
BE 0826.808.994
Kontich · Eq €26.9m
BERNARD INNOVATION Belgique
BE 0462.272.207
Brussel · Eq €35.3m
SOFTECH
BE 0472.355.059
Ukkel · Eq €23.4m
Of 13,417 companies in sector 73300 we hold annual accounts for 6,899. 148 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formLimited partnership
Founded30-04-2001
Fiscal year end31-03
Activities, NACEBEL 2025
70200Business and other management consultancy
73300Public relations and communication consultancy
82990Other business support services
Scores and ratios are computed by Checked and are not a credit decision.